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Topic: Will bitcoin's price rise above $1000 because Trump was elected president? - page 4. (Read 3332 times)

legendary
Activity: 1120
Merit: 1008
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It was quite surprising to see Trump wining the election, everyone have speculated clinton will win for sure and i am feeling quite sorry to those who have betted all their money into clinton wining for small odds. Failed to book profit betting on Trump...

We may have to wait for Trump statement regarding bitcoin regulation, limitation to see another boom in bitcoin price.
hero member
Activity: 742
Merit: 526
It is all just speculation for know, even if he really said he will support Bitcoin it doesn't mean it will come true, also one country's government won't affect the price of bitcoin in a big way, And if you notice in the recent weeks Bitcoin's price is gradually going up and I think it is just a mere coincidence that Trump won the U.S. Elections we must now monitor our Assets closely in the coming days.

In my view, it is perfectly fine if he will just stay away from meddling with Bitcoin in any way. Besides, Bitcon price hasn't been gradually going up recently, we already heard rumors of Chinese authorities establishing Bitcoin capital flow controls, which dragged the price down a few percent. And if some government is going to affect the price of Bitcoin big time, it will be the Chinese government for sure.
hero member
Activity: 2128
Merit: 530
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With or Without Trump victory Bitcoin will hit $1000, though Trump victory could accelerate it, this all depends on him implementing those policies that could catalyse this rise
legendary
Activity: 3010
Merit: 1028
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With the falling the value of dollar, btc still increases but I think it is an another bubble after all, this is just an extreme movement of excited people of bitcoin. Waters will be settled down when this has become normal.
it's indeed the dollar is now about to fall because of trump's effect and it could make bitcoin's price even higher because some people may saving their wealth in form of bitcoin to avoid the falling value of dollar however if trump could make a suprising move which give good affect then they will restore the dollar's value
legendary
Activity: 1662
Merit: 1050
is the election over or is because of the initial number of votes?
Election over. Trump won.

https://www.google.co.in/search?q=us+election
legendary
Activity: 1946
Merit: 1137
is the election over or is because of the initial number of votes?

anyways i believe that when election is over there will be some rise in price, and this is what we are already seeing with today's rise but i doubt that price can go up to $1000 just because Trump won the election, not unless he as his first order of business announces support for bitcoin or announce bitcoin as an official money!
hero member
Activity: 1806
Merit: 672
It is all just speculation for know, even if he really said he will support Bitcoin it doesn't mean it will come true, also one country's government won't affect the price of bitcoin in a big way, And if you notice in the recent weeks Bitcoin's price is gradually going up and I think it is just a mere coincidence that Trump won the U.S. Elections we must now monitor our Assets closely in the coming days.
newbie
Activity: 30
Merit: 0
Trump would do anything to try and boost US economy and therefore I think he will support btc as it an outsider to the establishment, just like him. btc could be his ace in the hole
hero member
Activity: 1148
Merit: 500
I think Trump can do that. He is a businessman so i guess business world will get a boost including the price of bitcoin. We dont know what will happen to bitcoin yet until Trump elected as president. But i hope this is a good a news to us. Trump is little bit ahead from Clinton so i guess Trump is gonna win this election.
hero member
Activity: 728
Merit: 500
On the question of OP: Probably no. The impact of the election will be negligible on long term. Bitcoin price is rising atm because many traders probably cashed out from stocks and invested in BTC since its a great "loophole" for now, because most of the international stocks are crashing.
legendary
Activity: 3668
Merit: 6382
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Bitcoin price has started to grow and may grow more. Same happens with gold.
I expect this to be only a speculation bubble, but it may still grow more. 1000$ is a bit too big, but you never know. 850-900$ sounds more like it though.
When the bubble will pop, I can't tell...

And I really like that cap in the picture Cheesy
hero member
Activity: 2926
Merit: 722
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As most have speculated that Trump will support bitcoin and may loose the regulation and restrictions regarding bitcoin in America. Obama used to think bitcoin as criminal currency which was completely wrong description and now Trump may start supporting bitcoin which will sure boost the price of bitcoin, we may see $800 by time we see official result and confirmation about Trump being next president. Price have already reacted and reached around $750.  Shocked
I agree on this  one , if  trump would  win  on  the current  presidential elections   and he  intend to  support bitcoin then  for sure we could really expect the bitcoins  price would  boost  up  even  more because adoption would  surely arises and  that's  a good thing   for  bitcoin  but as of now  we still don't  know the results  on which  one  would really win,  I agree with you  bitcoins price Is  now  on  uptrend.
legendary
Activity: 994
Merit: 1000
As most have speculated that Trump will support bitcoin and may loose the regulation and restrictions regarding bitcoin in America. Obama used to think bitcoin as criminal currency which was completely wrong description and now Trump may start supporting bitcoin which will sure boost the price of bitcoin, we may see $800 by time we see official result and confirmation about Trump being next president. Price have already reacted and reached around $750.  Shocked
sr. member
Activity: 485
Merit: 294
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